Unit 24, 86 DERRIMA ROAD Crestwood NSW 2620
This property is Off Market
- Last sold 10/23/2024 for $285,000. The Average property price in this area is $734,258, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 95.88 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 116 HENDERSON RD $560,000
- 10/21/2024 24 BLACKALL AVE $900,000
- 10/18/2024 111 URIARRA RD $490,000
- 10/15/2024 67 DERRIMA RD $320,000
- 10/11/2024 10 ARTHUR ST $225,000
About Queanbeyan
With an average age of 33, households expect an average monthly mortgage payment of $1,408 or a weekly rent payment of $320. The average family earns a weekly income of $2,043 with a typical household size of 1.8 and a 94.23% employment rate.
In Crestwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Crestwood due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Crestwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Crestwood to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Crestwood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Crestwood a better buying opportunity than it may have been in the past.
Public Transport
EPIC and Racecourse
Macarthur Avenue
Ipima Street
Alinga Street
Phillip Avenue
Dickson Interchange
Swinden Street
Elouera Street
Sandford Street
Canberra
General Points of Interest
Manuka Pool
Australian National Korean War Memorial
Bomber Command memorial
BlocHaus
Boer War Memorial
Canberra Greyhound Racing Club
Centenary of Women’s Suffrage
National Worker’s Memorial
Fairbairn Golf Course
National Library of Australia
National Library of Australia
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1335 asthma sufferers and 426 people living with diabetes. In addition, 498 people have a heart/vascular condition and 1005 people live with three or more chronic diseases.A good place to invest in property?
Queanbeyan a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
31 / 100
31 / 100
Industry
18 / 100
22 / 100
Population
16 / 100
19 / 100
House Prices
51 / 100
60 / 100
Jobs
24 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsQueanbeyan WPS Queanbeyan HS
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Queanbeyan West Public School
Queanbeyan, NSW, 2620 State K-6 -
St Gregory's Primary School
Queanbeyan, NSW, 2620 Independent K-6 -
Queanbeyan Public School
Queanbeyan, NSW, 2620 State K-6 -
Queanbeyan High School
Queanbeyan, NSW, 2620 State 7-12
Property Story
Unit 24, 86 Derrima Road, Crestwood, Nsw, 2620 is a residential property . The estimated distance to the sea is 95.88km and at least 2.65KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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